Premier Mortgage Group, LLC Mortgage Lending & HMDA Data, 2006

In 2006, Premier Mortgage Group, LLC of Greenwood Village, CO reported 1,708 mortgage applications totaling $340.8 million, down 49% from 2005. The average application was for $199,533, and applicants reported an average income of $95,478. 89% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Denver-Aurora, CO (607), Boulder, CO (423) and Colorado Springs, CO (294) (applications in parentheses).

Mortgage Company & Address Premier Mortgage Group, LLC
7935 E Prentice Ave Ste 200
Greenwood Village, CO 80111
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  2004  2003  
Total Number of Mortgage Applications 1,708
Total Mortgage Loan Application Amount $340,804,000
Average Mortgage Loan Application Amount $199,533
Highest Mortgage Loan Application Amount $1,380,000
Average Applicant Income $95,478
Highest Applicant Income $1,200,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Premier Mortgage Group, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Premier Mortgage Group, LLC by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Boulder, Colorado 423 $ 102,511,000 $ 242,342 $ 113,000
El Paso, Colorado 289 $ 45,907,000 $ 158,847 $ 81,000
Denver, Colorado 181 $ 33,124,000 $ 183,005 $ 88,000
Larimer, Colorado 158 $ 30,522,000 $ 193,177 $ 91,000
Jefferson, Colorado 140 $ 29,164,000 $ 208,314 $ 105,000
Arapahoe, Colorado 86 $ 17,395,000 $ 202,267 $ 96,000
Adams, Colorado 79 $ 11,662,000 $ 147,620 $ 77,000
Weld, Colorado 78 $ 13,711,000 $ 175,782 $ 84,000
Douglas, Colorado 67 $ 15,016,000 $ 224,119 $ 90,000
Summit, Colorado 55 $ 11,638,000 $ 211,600 $ 111,000
Garfield, Colorado 50 $ 8,520,000 $ 170,400 $ 86,000
Broomfield, Colorado 33 $ 7,702,000 $ 233,393 $ 114,000
Grand, Colorado 11 $ 1,606,000 $ 146,000 $ 90,000
Park, Colorado 8 $ 1,776,000 $ 222,000 $ 89,000
Clear Creek, Colorado 7 $ 1,781,000 $ 254,428 $ 96,000
Eagle, Colorado 5 $ 1,055,000 $ 211,000 $ 54,000
Gilpin, Colorado 5 $ 844,000 $ 168,800 $ 98,000
Lake, Colorado 5 $ 568,000 $ 113,600 $ 53,000
Routt, Colorado 5 $ 935,000 $ 187,000 $ 129,000
Teller, Colorado 5 $ 1,041,000 $ 208,200 $ 91,000
Delta, Colorado 2 $ 330,000 $ 165,000 $ 54,000
Gunnison, Colorado 2 $ 302,000 $ 151,000 $ 71,000
Ouray, Colorado 2 $ 358,000 $ 179,000 $ 215,000
Archuleta, Colorado 1 $ 370,000 $ 370,000 $ 107,000
Custer, Colorado 1 $ 138,000 $ 138,000 $ 103,000
Dolores, Colorado 1 $ 1,380,000 $ 1,380,000 $ 336,000
Elbert, Colorado 1 $ 67,000 $ 67,000 $ 0
Huerfano, Colorado 1 $ 220,000 $ 220,000 $ 99,000
Jackson, Colorado 1 $ 254,000 $ 254,000 $ 139,000
Mesa, Colorado 1 $ 47,000 $ 47,000 $ 69,000
Moffat, Colorado 1 $ 172,000 $ 172,000 $ 53,000
Montrose, Colorado 1 $ 225,000 $ 225,000 $ 156,000
Morgan, Colorado 1 $ 127,000 $ 127,000 $ 53,000
Pitkin, Colorado 1 $ 168,000 $ 168,000 $ 117,000
Pueblo, Colorado 1 $ 168,000 $ 168,000 $ 68,000

Mortgage Loan Application Detail Totals for Premier Mortgage Group, LLC in 2006

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 1,336 $256,923,000 $192,000 $1,181,000 $94,000 $1,200,000
Refinancing 362 $82,735,000 $228,000 $1,380,000 $102,000 $498,000
Home Improvement 10 $1,146,000 $114,000 $250,000 $57,000 $143,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 1,569 $317,005,000 $202,000 $1,380,000 $98,000 $1,200,000
Hispanic 81 $14,595,000 $180,000 $656,000 $69,000 $289,000
Asian 33 $5,364,000 $162,000 $459,000 $86,000 $258,000
Black or African American 19 $2,615,000 $137,000 $346,000 $82,000 $321,000
Native Hawaiian or Other Pacific Islander 3 $598,000 $199,000 $264,000 $62,000 $79,000
American Indian or Alaskan Native 2 $472,000 $236,000 $365,000 $170,000 $308,000
Not Provided 1 $155,000 $155,000 $155,000 $42,000 $42,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,509 $302,472,000 $200,000 $1,380,000 $100,000 $1,200,000
FHA-insured (Federal Housing Administration) 155 $28,640,000 $184,000 $345,000 $67,000 $439,000
VA-guaranteed (Veterans Administration) 44 $9,692,000 $220,000 $368,000 $71,000 $308,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,517 $308,548,000 $203,000 $1,380,000 $98,000 $1,200,000
Application Withdrawn By Applicant 178 $30,068,000 $168,000 $650,000 $82,000 $861,000
Application Denied By Financial Institution 10 $1,802,000 $180,000 $338,000 $74,000 $180,000
Application Approved But Not Accepted 2 $257,000 $128,000 $225,000 $34,000 $67,000
File Closed For Incompleteness 1 $129,000 $129,000 $129,000 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Collateral 5 $946,000 $189,000 $338,000 $90,000 $180,000
Debt-To-Income Ratio 2 $396,000 $198,000 $216,000 $81,000 $83,000
Credit History 1 $177,000 $177,000 $177,000 $68,000 $68,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Premier Mortgage Group, LLC's 2006 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Premier Mortgage Group, LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Colorado, download the full spreadsheet with aggregated HMDA statistics today.

Download the Colorado Lender List